Friday, June 03, 2011

One minor difference: Google was already very profitable at the time of its IPO; check the article link below for more details

Not since Google’s stock market debut seven years ago has the boss of an internet company so directly flouted Wall Street convention.

In an unusual personal letter to prospective shareholders in Groupon, the local e-commerce company that on Thursday filed for an initial public offering, Andrew Mason, co-founder and chief executive officer, took a deliberate stance against the standard measures of corporate success.